A supplier of goods or services who makes a supply of goods or/and services with an aggregate turnover of exceeding Rs. 20 lakhs in the financial can collect GST. In special category states, this aggregate turnover is set at Rs. 10 lakhs.

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GST Collection in India: Monthly Trends, Growth & Latest Updates (2025)

By Annapoorna

To run a country, the government requires revenue. The GST collection is one of the primary sources of revenue for the Indian government. India’s GST collections have broken all its previous records, crossing the Rs.20 lakh crore mark in FY 2023-24—This figure signals not just economic resilience but the transformative power of digital tax administration.

What is GST Collection?

The GST collection trend has been at over Rs.1.4 lakh crore consecutively in the last seven months, however, the GST revenue collection has not crossed the Rs.1.5-lakh crore mark yet on a regular basis.

The total GST collection in India crossed Rs.1.5 lakh crores only once in the month of April 2022 when the GST collection of India recorded Rs.1.67 lakh crores. Though the August this year collection of Rs.1.43 lakh crore is up 28% year over year.

Of the total GST collection in the month of October 2024, CGST accounted for Rs.33,821 crore, SGST was Rs.41,864 crores, IGST stood at Rs.99,111 crores, and cess was Rs.12,550 crores. We can observe a year-on-year increase in domestic transactions (up 10.6%) and imports (up 3.9%).

Contribution to GST Revenue from Various Business Types

GST collection sector has been provided by the government yet, however, below is the collection breakup as per the constitution of the business.

Business type	Percentage of GST Collection
Public Ltd. Company	34.83%
Private Ltd. Company	27.94%
Proprietorship	13.28%
Public Sector Undertaking	9.64%
Partnership	7.29%
Society/ Club/ Trust/ AOP	1.38%
Limited Liability Partnership	1.18%
Government Department	0.99%
Statutory Body	0.38%
Foreign Company	0.38%
Hindu Undivided Family	0.25%
Local Authority	0.21%
Unlimited Company	0.01%
Foreign Limited Liability Partnership	0.00%
Any other body notified by committee	0.00%
Others	2.24%
Total	100%

GST Collection in Previous Years (2017 onwards till 2024)

Year	GST Collection (Rs. In Crores)
FY 2017-18	7.19
FY 2018-19	11.77
FY 2019-20	12.22
FY 2020-21	11.36
FY 2021-22	14.76
FY 2022-23	18.10
FY 2023-24	20.18

GST Collection Comparison

Below is a graph detailing the GST revenue collection for YTD Sept'24 vis-à-vis last year

Monthly GST Revenue Comparison 2024 vs 2023 Source: GSTN

GST Collection Statistics

Public listed companies total just 0.62% of the entire taxpayer base but contribute roughly 35.29% of the total GST revenues. On the other side, proprietorships with a maximum of 80.18% taxpayer base contribute roughly 13.35% of the total revenue from GST. The contributions of public sector undertakings were also significant as they comprised only 0.02% of the taxpayer base but contributed 9.12% of the total GST revenue. For more GST statistics, refer to the GST statistics on the GST portal.

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GST Collection February 2025
GST Collection January 2025
GST Collections December 2024
GST Collection November 2024
GST Collection October 2024
GST Collection September 2024